CANTON HISTORICAL SOCIETY INC

EIN: 066085784 501(c)(3)

CANTON, CT

Total Revenue
$66,099
Total Expenses
$56,366
Total Assets
$682,172
Net Assets
$680,629
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
CT
Principal Officer
KATHLEEN TAYLOR
Phone
8606705865
Tax Period
2024-01-01 to 2024-12-31

CANTON HISTORICAL SOCIETY INC, founded in 1965, is a micro nonprofit that reported $66K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $56K left a modest 15% surplus.

Mission

EDUCATION, CULTURE, HISTORY, PRESERVATION OF ARTIFACTS RELATING TO THE HISTORY OF THE TOWN OF CANTON, CONNECTICUT AND ITS IMMEDIATE ENVIRONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,207
Program Service Revenue $299
Investment Income $2,670
Other Revenue $23,923
TOTAL REVENUE $66,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,852
Fundraising Expenses $5,931
Program Expenses $33,543
Other Expenses $48,514
TOTAL EXPENSES $56,366

Year-over-Year Comparison

2024 2023 Change
Revenue $66,099 $50,077 +0.3%
Expenses $56,366 $48,613 +0.2%
Net Income $9,733 $1,464 +5.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
75

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
12
$4,800
Key Employees
2
$4,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM AYRES DIRECTOR 3.00
Director
$2,400 $0 $2,400
KATHLEEN TAYLOR PRESIDENT 20.00
Officer Director
$0 $0 $0
CAROL BARLOW SECRETARY 6.00
Officer Director
$0 $0 $0
LORINDA PANE TREASURER 6.00
Officer Director
$0 $0 $0
JENNIFER ASARO VICE PRESIDENT 6.00
Officer Director
$0 $0 $0
KENNETH TRIOUU DIRECTOR 3.00
Director
$0 $0 $0
TIM LEGEYT DIRECTOR 3.00
Director
$0 $0 $0
MARJORY HARMON DIRECTOR 6.00
Director
$0 $0 $0
GARY HOEHNE DIRECTOR 3.00
Director
$0 $0 $0
BARBARA MURPHY DIRECTOR 3.00
Director
$0 $0 $0
DONALD SCOTT DIRECTOR 3.00
Director
$0 $0 $0
GREGORY KRISS DIRECTOR 30.00
Director Key Emp
$2,400 $0 $2,400
LISA SAMIA OFFICE MANAGER 6.00
Key Emp
$2,400 $0 $2,400
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $66,099 $56,366 $682,172 $9,733
2023 $50,077 $48,613 $671,884 $1,464
2022 $70,847 $48,079 $669,733 $22,768
2021 $68,922 $48,667 $646,893 $20,255
2020 $26,111 $39,453 $626,672 $-13,342
2018 $52,089 $55,813 $615,182 $-3,724
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